Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$277,978$267,750
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.400%
Blended rate7.310%7.640%
1st payment$1,829.34$1,853.85
2nd payment$0.00$0.00
Taxes / mo$120.25$120.25
Insurance / mo$150.00$150.00
MI / mo$129.14$53.55
HOA / mo$135.00$135.00
Total monthly$2,363.73$2,312.65
Cash to close$19,522$29,750